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RWLK - ReWalk Robotics: Quietly Building Momentum But Facing Long Odds
ReWalk Robotics Ltd.
Since I last checked in on ReWalk Robotics (RWLK) in late January 2020, some major developments have happened in Germany that will positively impact the revenue outlook going forward. In the bigger picture, the issues are still the same as they have been for years, with insurance coverage and cash burn, now the pandemic and overall market volatility have tossed the company's shares all over the place. The shares hit a low of $0.41 back on April 3, but have since recovered nicely to over $1.20.